Vimeo, Inc. (NASDAQ:VMEO) Short Interest Update – Defense World

Posted by admin on May 18th, 2022 Vimeo, Inc. (NASDAQ:VMEO – Get Rating) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 5,880,000 shares, an increase of 21.5% from the April 15th total of 4,840,000 shares. Based on an average trading volume of 2,160,000 shares, the short-interest ratio is presently 2.7 days. Currently, 4.1% of the shares of the stock are sold short. VMEO has been the subject of a number of recent analyst reports. Truist Financial dropped their price objective on Vimeo from $36.00 to $22.00 in a report on Monday, February 14th. Wells Fargo & Company reduced their price objective on Vimeo from $33.00 to $20.00 and set an “overweight” rating for the company in a report on Monday, February 14th. Piper Sandler downgraded Vimeo from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $18.00 to $10.00 in a report on Thursday, May 5th. Jefferies Financial Group decreased their target price on shares of Vimeo from $35.00 to $25.00 in a research note on Friday, February 11th. Finally, Zacks Investment Research downgraded shares of Vimeo…
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